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    Melvin, MI
    Multifamily

    Melvin, MI Multifamily Properties for Sale

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    Yale, MI Brockway, MI Lynn Township, MI Peck, MI Brown City, MI Croswell, MI Imlay City, MI Avoca, MI
    Triplex with Post Office
    Updated: May 6
    Triplex with Post Office

    1296 Main Street, Melvin, MI 48454

    $244,900
    1,885 sqft 0.55 AC lot
    1,885‑square‑foot triplex on 0.55 acres
    Lower front unit leased to the United States Postal Service under a five‑year lease
    USPS has occupied the property continuously since 1930
    Two two‑bedroom apartments leased month to month
    Attached garage, shared laundry area, and backyard storage shed
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    Mixed-Use Building with Apartments
    Updated: May 8
    Mixed-Use Building with Apartments

    1296 Main Street, Melvin, MI 48454

    $244,900
    Front commercial unit leased to the US Post Office under a five‑year lease
    Two 2‑bedroom apartments leased month to month
    1900‑built mixed‑use property with residential and commercial components
    Attached garage and storage shed in the rear yard
    New roof on the rear apartment and garage
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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Melvin, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Three-Unit Ranch Property
    Three-Unit Ranch Property

    5469 Parker Road, Fort Gratiot, MI 48059

    $179,000
    1,880 sqft 0.34 AC lot

    Ranch-style triplex with two occupied units and one vacant unit for owner occupancy or leasing flexibility.

    View details
    Mixed-Use Building with Apartment
    Mixed-Use Building with Apartment

    4253 Main St, Brown City, MI 48416

    $150,000
    1,792 sqft

    Commercially zoned property combines a salon space with a two-bedroom apartment and in-unit laundry.

    View details
    Two-Unit Duplex with New Roof
    Two-Unit Duplex with New Roof

    4253 Main Street, Brown City, MI 48416

    $150,000
    1,792 sqft 0.11 AC lot

    Brick two-unit property with a salon and apartment, both occupied by long-term tenants.

    View details
    Doublewide in Indian Trails Park
    Doublewide in Indian Trails Park

    6026 Delaware, Fort Gratiot, MI 48059

    $36,900
    1,512 sqft

    Well-maintained 3BR, 2Bath doublewide in a welcoming community.

    View details

    Melvin, MI Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Melvin, MI on our real estate platform. These investment opportunities span a total of 1,885 square feet of properties for sale, with an estimated market value of $489,800.

    Sale prices for multifamily properties in Melvin, MI average $244,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 1
    Triplexes 1

    Demographics Overview

    Population 1,251
    Population Growth (5Y) +7.1%
    Median Household Income $62,300
    College Educated 17.3%

    High-Yield Neighborhoods for Investment

    Identify Melvin submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    48454 $244.9K

    Taxes & Financing

    Tax Rate (average for all types) 3.23%
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Sanilac County

    New Delisted

    Total CRE Inventory on Market (SF)

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    Most Searched ZIP Codes in Melvin, MI

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